Owning a condo in Florida is becoming less attractive: Redfin
Housing Wire
FEBRUARY 26, 2024
In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return.
Let's personalize your content